Payroll and OTL - EBS (MOSC)

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US PAY: Creating Pension Element for Payroll

edited Sep 22, 2010 4:46AM in Payroll and OTL - EBS (MOSC) 7 commentsAnswered
Hello,

I have setup a voluntary deduction element for the use of pension payments for employees.  The element when processed is a percentage of the gross earnings and the calculation of the Income tax should take into account the value of the element when processed.

Example if the gross earnings is 10 and the pension element is 2 the income tax should be 25% of 8, (10 - 2). However when the payroll is run the income tax is calculated as 25% of 10.  When I check the balances for the Pension the element balances are correct with the value that was processed.

However when I run subsequent payrolls, 2

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